Trump’s trade war with China could start the Second Cold War

Yet Donald Trump's obsession is completely misplaced: 85 per cent of the seven million American manufacturing jobs lost since 2000 were eliminated by automation, not by trade.

Will we look back on this month as the turning point when Donald Trump’s trade war with Xi Jinping's China unleash the Second Great Recession? Probably not, but may start the Second Cold War, writes Gwynne Dyer. Photograph courtesy of Global Affairs Canada, Wikimedia Commons

LONDON, U.K.—Ten years ago this month, the financial services firm Lehman Brothers filed for bankruptcy protection, triggering the 2008 Crash and the subsequent Great Recession from which the world’s economies have still not fully recovered. Will we look back on this month as the turning point when Donald Trump’s trade war with China unleashed the Second Great Recession?

Democracy, Terrorism and Killer RobotsWith security concerns top of mind in Western democracies and in Canada, this roundup offers a look at the priorities of high-ranking members of the Canadian and American militaries, top policymakers and influential personalities.Get the book

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